Meta's Q4 2024 results show a 21% YoY revenue increase and a 43% YoY operating income increase, with strong AI-driven growth.
Facebook app owner Meta Platforms said it has launched worldwide job cuts potentially affecting thousands of workers.
The company said it would be “exiting approximately 5% of our lowest performers,” potentially affecting thousands of workers.
Meta job cuts shock employees as even those with strong performance records face layoffs.